Free Trial

Q32 Bio (QTTB) Stock Price, News & Analysis

$25.50
-1.85 (-6.76%)
(As of 05/31/2024 ET)
Today's Range
$25.50
$26.98
50-Day Range
$17.04
$31.00
52-Week Range
$8.24
$32.88
Volume
66,742 shs
Average Volume
36,156 shs
Market Capitalization
$304.47 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$49.67

Q32 Bio MarketRank™ Stock Analysis

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
94.8% Upside
$49.67 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$6,488 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($10.74) to ($4.59) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.24 out of 5 stars

Medical Sector

587th out of 928 stocks

Pharmaceutical Preparations Industry

276th out of 437 stocks

QTTB stock logo

About Q32 Bio Stock (NASDAQ:QTTB)

Q32 Bio Inc., a clinical-stage biotechnology company, develops biologic therapeutics to restore healthy immune balance in patients with autoimmune and inflammatory diseases driven by pathological immune dysfunction in the United States. Its lead product candidate is ADX-097, a humanized anti-C3d monoclonal antibody fusion protein to restore complement regulation, which has completed Phase I clinical trial for the treatment of renal and other complement-mediated diseases of high unmet need, including lupus nephritis, immunoglobulin A nephropathy, complement component 3 glomerulopathy, and anti-neutrophil cytoplasmic antibody-associated vasculitis. The company is also developing Bempikibart (ADX-914), a fully human antiinterleukin-7 receptor alpha antagonist monoclonal antibody designed to re-regulate adaptive immune function by blocking signaling mediated by interleukin-7 and thymic stromal lymphopoietin that is Phase II clinical trial for the treatment of atopic dermatitis and alopecia areata. Q32 Bio Inc. was formerly known as AdMIRx Inc. and changed its name to Q32 Bio Inc. in April 2020. The company was founded in 2017 and is based in Waltham, Massachusetts.

QTTB Stock Price History

QTTB Stock News Headlines

See More Headlines
Receive QTTB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Q32 Bio and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/09/2024
Today
6/01/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:QTTB
Previous Symbol
NASDAQ:QTTB
Fax
N/A
Employees
37
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$49.67
High Stock Price Target
$54.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+94.8%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$-112,960,000.00
Pretax Margin
-22,326.84%

Debt

Sales & Book Value

Annual Sales
$1.16 million
Book Value
$4.08 per share

Miscellaneous

Free Float
10,019,000
Market Cap
$304.47 million
Optionable
N/A
Beta
-0.26
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Ms. Jodie Pope Morrison (Age 48)
    CEO & Director
    Comp: $852.63k
  • Dr. Shelia M. Violette Ph.D. (Age 63)
    Co-founder, Chief Scientific Officer & President of Research
    Comp: $619.93k
  • Dr. Jason A. Campagna M.D. (Age 57)
    Ph.D., Chief Medical Officer
    Comp: $680.93k
  • Mr. Lee H. Kalowski M.B.A. (Age 43)
    CFO, President & Treasurer
  • Dr. Saul Fink Ph.D.
    Chief Technology Officer
  • Mr. David Appugliese J.D.
    Senior VP & Head of People
  • Ms. Maria Marzilli M.P.H.
    Executive Vice President of Corporate Strategy & Program Operations
  • Ms. Kathryn E. Golden M.B.A.
    Head of Chemistry, Manufacturing & Controls

QTTB Stock Analysis - Frequently Asked Questions

Should I buy or sell Q32 Bio stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Q32 Bio in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" QTTB shares.
View QTTB analyst ratings
or view top-rated stocks.

What is Q32 Bio's stock price target for 2024?

4 Wall Street analysts have issued 12 month target prices for Q32 Bio's shares. Their QTTB share price targets range from $45.00 to $54.00. On average, they anticipate the company's stock price to reach $49.67 in the next year. This suggests a possible upside of 94.8% from the stock's current price.
View analysts price targets for QTTB
or view top-rated stocks among Wall Street analysts.

How have QTTB shares performed in 2024?

Q32 Bio's stock was trading at $17.04 at the start of the year. Since then, QTTB stock has increased by 49.6% and is now trading at $25.50.
View the best growth stocks for 2024 here
.

When is Q32 Bio's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our QTTB earnings forecast
.

How were Q32 Bio's earnings last quarter?

Q32 Bio Inc. (NASDAQ:QTTB) posted its earnings results on Thursday, May, 9th. The company reported ($13.15) EPS for the quarter, missing the consensus estimate of ($1.42) by $11.73.

Who are Q32 Bio's major shareholders?

Q32 Bio's stock is owned by a number of retail and institutional investors. Top institutional investors include Atlas Venture Life Science Advisors LLC (64.25%), Carlyle Group Inc. (33.83%), Vivo Capital LLC (11.37%), ARCH Venture Management LLC (9.83%), Platinum Investment Management Ltd. (3.37%) and Vanguard Group Inc. (3.31%).
View institutional ownership trends
.

How do I buy shares of Q32 Bio?

Shares of QTTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:QTTB) was last updated on 6/1/2024 by MarketBeat.com Staff

From Our Partners